Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has the potential to become the central bank of the central banks
by
adzino
on 30/03/2021, 19:59:00 UTC
10 years ago people were discussing..
Quote
Anything lower than 10, I buy buy buy...

https://bitcointalk.org/index.php?topic=27282.msg56581970#msg56581970

Now we're discussing 40000, 50000, 60000.
So just because the price went up from $10 to $60,000, you now think that bitcoin can become the central bank of the central banks? How does this logically makes sense? You guys are being overly optimistic. Unfortunately, bitcoin is never going to take over central banks or replace them in anyway. At least this is what I think. First of all,  the price is volatile. Something extremely volatile can't take over the central bank. Secondly, there are some flaws that currently makes bitcoin less suitable to be used as a regular day to day currency.
Maybe one day the government all around the world comes up with a crypto currency of their own that will replace their own central bank system?